Instagram Beat Twitter In Short Time

A picture is worth 1000 words

Instagram Beat Twitter! Instagram is officially bigger than Twitter, as far as user numbers are concerned.

The photo-sharing app has reached more than 300 million monthly active users who share over 70 million photos and videos a day, Instagram said Wednesday.

Instagram also said that it will soon be rolling out a “verified badges” feature, similar to the blue checkmark you see on some Twitter and Facebook pages. The company also announced it will start fully deleting accounts it considers “spammy.”

The number of Instagram users has ballooned this year, with 100 million monthly active users added since March, CNBC reported Wednesday. Facebook bought Instagram in a deal that closed in September 2012 at a value of about $715 million.

Twitter, by contrast, has a market cap of about $23 billion and 284 million monthly active users.

“We’re seeing a lot of people coming in the fashion world, a lot of people coming in, in the youthful teens world, and a lot of people internationally as well,” CEO Kevin Systrom told CNBC.